Due to the current economic downturn continues. And does not seem to be better in a year or two years. With the country experiencing the biggest natural disasters in the year 2554, because that is in the red zone. In order not to affect the purchase and delivery of products to customers. we need to allocate budget for flood defense a lot. Without the support of the public authorities. Ultimately unable to prevent the height of flood over 1.50 meters after the flood water must be free of cost to renovate part of the equipment in the factory building. To be ready Handling and Pol Pot in 2556, the government has revised the minimum wage to rise. The burden on the company to bear the inevitable. While prices remain the same cannot be adjusted in accordance with the policies of the customer. And the need for investment in other activities. According to customers requests
The issues mentioned above. It's just part of the company's need to allocate the estimated investment. While the gradual deterioration of equipment lifetime and flooding above. The machinery will be repaired, but the rate can only be used one time. With the repair cannot be sold as salvage. Making machine that is not enough to produce a current. Although the company is trying to reduce costs. Or reduce unnecessary costs within the plant as best they can. But it is not sufficient to stabilize the company made. Resulting in a lack of liquidity for a longer period consecutive
therefore, the need to let you know. The company will cease operatoins with effect from 20 December 2559 onwards.